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Over the Horizon: How Corporate Counsel are Crossing Frontiers to Address New Challenges

Over the Horizon: General Counsel Survey

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KPMG has been offering insights into the role of General Counsel for many years.

In 2012, we published Beyond the Law, a global study of how General Counsel (GC) are turning risk to advantage, which was based on a telephone survey of GCs around the world. The 2014 analysis explores more fully some of the findings of the previous study and consists of in-depth interviews with GC and other senior counsel in Europe, North America and Asia-Pacific (see page-2).

The 2012 analysis found that GC were being called upon to play a more important role in how businesses operate and to move from being a pure legal counsellor to a business advisor. The study highlighted some of the challenges GC were facing as a result of their broadening roles. The 2014 analysis explores some of the themes that emerged from the 2012 survey to show how GC are managing different kinds of risk and guiding corporate conduct. The evidence gathered from these new interviews demonstrates how many GC are becoming increasingly involved in matters that are not strictly legal, such as risk management and business strategy. As they continue this transition to a broader role, it is likely that even more will be expected from GC by the Board and senior management. GC will continue to rise to the challenge.

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